MGO One Seven LLC Reduces Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

MGO One Seven LLC trimmed its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 49,305 shares of the company’s stock after selling 1,956 shares during the period. MGO One Seven LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,958,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fisher Asset Management LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.8% during the fourth quarter. Fisher Asset Management LLC now owns 92,783,951 shares of the company’s stock valued at $7,447,768,000 after buying an additional 4,289,340 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.3% during the 4th quarter. JPMorgan Chase & Co. now owns 50,189,734 shares of the company’s stock valued at $4,028,730,000 after acquiring an additional 2,992,971 shares during the period. LPL Financial LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.2% in the 4th quarter. LPL Financial LLC now owns 11,292,264 shares of the company’s stock valued at $906,430,000 after acquiring an additional 553,333 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 10,405,350 shares of the company’s stock worth $835,237,000 after purchasing an additional 64,467 shares during the period. Finally, Wells Fargo & Company MN lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.2% during the fourth quarter. Wells Fargo & Company MN now owns 9,154,276 shares of the company’s stock worth $734,814,000 after purchasing an additional 845,313 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $80.50 on Thursday. The firm has a fifty day moving average price of $81.12 and a 200-day moving average price of $81.10. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $77.86 and a 12-month high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a $0.3189 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a $3.83 dividend on an annualized basis and a yield of 4.75%. The ex-dividend date was Tuesday, April 1st.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S.